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The New Daily
The New Daily
Jody Godoy and Bharat Gautam

Theranos founder Elizabeth Holmes to stay in jail before appeal

Theranos founder Elizabeth Holmes to stay in jail before appeal. Photo: AP

A US judge has denied Theranos founder Elizabeth Holmes’ request to remain free on bail while she appeals her conviction on charges of defrauding investors in the failed blood-testing start-up that was once valued in the billions of dollars.

Holmes, who rose to fame after claiming Theranos’ small machines could run an array of diagnostic tests with just a few drops of blood, was convicted at trial in San Jose, California last year.

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